New York time: 00:00:00
Local time: 00:00:00
Newsletter RSS 


May 07 2013; Stocks Futures

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 07 2013

US and European stocks futures did not move much in the last few sessions so we will continue to look higher. We see room for further gains today as several market are still in fourth waves.

Get further updates on these markets in our members area for 7-days absolutely free.
Click here



GBPUSD Trying To Form A Bearish Reversal At 1.5600

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 02 2013

On GBPUSD hourly chart we can count completed five waves up in wave C that shows signs of a top around 1.5606 because of ending diagonal in wave 5, divergence on the RSI and now also accelerating price action below the trading channel which suggests that pair is in early stage of a minor wave (iii) down. Further weakness today and tomorrow towards 1.5450 (typical third wave target) and daily close below that level would be a strong and very important sign for GBPUSD top.

Try our services now for 7-days, absolutely free!

Click here

For more detailed analysis on GBPUSD please check our video from April 29th 2013.



VIDEO April 29 2013



USD Index Breaks Below 81.70 Which Opens The Door For 81.00

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 01 2013

USD-index extended its losses yesterday and fell through 81.70 swing low from mid-April which makes a corrective decline from 83.50 much more complex than firstly thought. We are tracking a new five wave decline now from 83.20 which represents wave (C), final leg of a zig-zag in wave E that could look for a bottom around 80.80-81.20 area.



Try our services now for 7-days, absolutely free!

Click here


US Stocks Futures Remains In Bullish mode

Top



Our Services Video Tour
                   Subscribe to our newsletter
Apr 30 2013

US stocks futures spiked lower earlier after bad Chicago PMI figures, but now market is reversing higher with prices moving through some important swing levels (red lines on the chart) which confirms the idea of a bullish outlook for at least one more high.

US Stocks Futures 30min chart (Russell 2000, S&P500, NASDAQ 100, DJIA)


Try our services now for 7-days, absolutely free!

Click here




EURUSD Could Reach 1.3130 In Asian Session

Top



Our Services Video Tour                   Subscribe to our newsletter


Apr 29 2013

EURUSD went sideways in the last few hours, which was expected after completed five wave rally. That five wave rally was most-likely a black wave iii as current 40 pip range trading appears to be a triangle, so it can be only wave four if we consider that market is trading impulsively higher today. With that in mind, pair could easily reach new high around 1.3130 in Asian trade if not earlier.

Try our services now for 7-days, absolutely free!

Click here

eurusd760

www.ew-forecast.com
Gregor Horvat
Chief  Technical Strategist  


Crude Oil Is Looking Impulsive On the Intra-day Basis; Could See $93.00

Top



Our Services Video Tour                   Subscribe to our newsletter
April 25 2013

Oil is forming an impulsive price action from 87.87 swing low. The reason is reaction towards 92.00 figure seen yesterday which has been very strong and sharp in short-period of time. That’s a personality of a third wave, so we think that market is forming a five wave pattern. With that in mind, be aware of more upside, this time towards 93.00 mark. Current sub-wave four may look for a support around 91.00 level. Market remains in bullish shape as long as 89.92 support is not breached.


7 Day Free Trial is available to NEW Members

S&P 500 Is Showing a Top Formation At 1597 Based on Elliott Wave And H&S Patterns

Top


Our Services Video Tour                   Subscribe to our newsletter
April 23 2013

S&P500 fell sharply last week from 1597 and found support around 1536 from where we have seen 20 point rally on Friday. Notice that market reversed from swings lows made in early April, that caused a recovery towards 1565/1575 Fibonacci resistance area. We believe that this pull-back represents a wave 2/B as we labeled a decline from 1597 as a leading diagonal in wave 1/A. As such, traders need to be aware of a new sell-off on this market into wave 3/C through 1530 area. A broken trend-line connected from December 31st can also become a nice resistance in wave 2/B around 1565. At the same zone we also expect to see a top formation of a right shoulder of a bearish H&S pattern. Meanwhile invalidation level remains at 1597, so as long this level holds we will look lower.


7 Day Free Trial is available to NEW Members


<< [1-7][8-14][15-21][22-28][29-35][36-42][43-49][50-56][57-63][64-70][71-77][78-84][85-91][92-98][99-105][106-112][113-119][120-126][127-133][134-140][141-147][148-154][155-161][162-168][169-175][176-182][183-189][190-196][197-203][204-210][211-217][218-224][225-231][232-238][239-245][246-252][253-259][260-266][267-273][274-280][281-287][288-294][295-301][302-308][309-315][316-322][323-329][330-336][337-343][344-350][351-357][358-364][365-371][372-378][379-385][386-392][393-399][400-406][407-413][414-420][421-427][428-434][435-441][442-448][449-455][456-458] >>